US retail sales and initial jobless claims data exceeded expectations, impacting the dovish stance of the Federal Reserve
According to Jin10's report, the retail sales and initial jobless claims data in the United States were better than expected, indicating that the demand slowdown mentioned by Fed Chairman Powell yesterday did not happen as quickly as anticipated. In terms of retail sales, this data is better than all overall data. The number of initial jobless claims is also much lower than expected, and even import prices are not as negative as market forecasts. These data certainly do not lean dovish like the market trend in the past 24 hours.
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